Complexity - necessity of operations research, Operation Research

Assignment Help:

In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complicated fashion. There is thus great uncertainty about the outcome of interaction of factors like technological environmental competitive etc. For instance consider a factory production schedule which has to take into account.

a. Customer demand.

b. Requirements of raw materials.

c. Equipment capacity and possibility of equipment failure and

d. Restrictions on manufacturing process


Related Discussions:- Complexity - necessity of operations research

Lcm, one example

one example

Operations research, What are artificial variable why do you need them

What are artificial variable why do you need them

Inherent limitation concerning mathematical expressions, Operation reac Inv...

Operation reac Involves the use of mathematical models, equations and similar other mathematical expressions. Assumptions are always incorporated in the derivation of an equa

On the basis of ratio of change direction, On the  Basis  of Ratio of Ch...

On the  Basis  of Ratio of Change  Direction   a. Linear Correlation: The  correlation  between  two variables a said  to be liner if  corresponding  to a unit change in th

Decision theory, the following table gives place under different states of ...

the following table gives place under different states of nature Strategies States of nature s1 s2 s3 A 10000 3000 2000 B

Individual user interests - information resources, Individual User Interest...

Individual User Interests: More specific information about users could cover the following:  Subjects and associated interest - e.g. specific subjects, allied subjects;

Government documents - classification of documents, Government Documents: ...

Government Documents: Government  publications are the official documents brought out at government expense. They are the records of activities of the (1) Executive, (2) Legis

Answer, A paper mill produces two grades of paper viz., X and Y. Because of...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

LPP, USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJE...

USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJECT TO CONSTRAINS, 2X1+X2 2X1+5X2 2X1+3X2 X1, X2>0

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd